6. Firm’s Costs 2
Consider the following cost information for a pizzeria:
Quantity
Total Cost
Variable Cost
(Dozens of pizzas)
(Dollars)
(Dollars)
The pizzeria's fixed cost is.
Complete the third column of the following table by
calculating the marginal cost per dozen pizzas using the
information on total cost. Then complete the final column by
calculating the marginal cost per dozen pizzas using the
information on variable cost.
Quantity
Total Cost
Marginal Cost
Variable Cost
Marginal Cost
(Dozens of pizzas)
(Dollars)
Using Total Cost
(Dollars)
Using Variable Cost
(Dollars)
(Dollars)
True or False: It doesn't matter whether you compute marginal
cost using total cost or variable cost.
True
False
6. Firm’s Costs 2 Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost (Dozens of p
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